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A comment on The richest families in Florence in 1427 are still the richest (2016). Parent comment

Re:The richest families in Florence in 1427 are still the ri... by njarboe on Thursday January 10, 2019 @11:55AM (#18875405)
For most of those 600 years gold was money.
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Re:The richest families in Florence in 1427 are still the ri... by PurpleRamen on Friday January 11, 2019 @05:33AM (#18882415)
Coins were money. Gold was just one of the materials they were made from. There also was copper, silver, and others. Raw gold alone was somewhat useful, but AFAIK usually not as valuable as local gold-coins. Usually trading something golden meant accepting some loss, like today.
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